Issue 1,803 – Copyright, 2024, by Wyckoff AM Trader
From yesterday: Good morning. Today is SERIES S4H IFFY with the spill down.
I'm not seeing a good trend here. When the trend is in, "WB's clock is your friend!" The Composite Man is just checking price at the highs with supply. It's not pressing down upon the market. It's just keeping the bulls in check.
Price is just being held in a range 6050 up to 6100 handle. Perhaps we will stay in this range. Perhaps price will break out. I'm bullish to my play it's will break out on the up side.
Perhaps today will be different. Let's give it a change to play itself out.
Here's a video from the "Way Back machine"
One is dead three days later and one is a multi-millionaire 30 years later…
PROSE and THE NUMBAHS
Good morning. Today is SERIES S1H with the spill odds down.
1. Last Night: After the close, price rallies off the lows and just keep on going up. Currently trading just under yesterday's open.
2. Large Size: Did not see any large size of note.
3. 7:00 AM / Premarket: No really seeing anything to move the needle after the numbers.
4. Todays News: Import and Export Prices at 8:30 AM. All times EST.
5. Cycle Bias / Tone: Yesterday brough it all back with today take it up some more. To me it's holiday trade. Traders picking each others pockets in a wide range. I'll say bullish
6. Honing (turns): Spill odds down, loupie loop, LAST HOUR ODDS HIGH
7. Previous Day's Numbers:
Open 6082.25
Hod 11:12 6087.75
Lod 16:12 6056.00
Settle 6057.00
Volume 1,120,808
8. Floor Trader Pivots
DAILY 6066.75
R2 6098.50
R1 6077.75
S1 6046.00
S2 6035.00
WEEK 6081.75
The clock is used to time your entries and exits. Position long at the lows, exit at the highs, get short at the highs, and buy-in at the lows. When the trend is in, WB's clock is your friend!
Your edge is a series of trades, not just one trade or one day.
Dates: December 15 Cold Moon 4:02 a.m. Winter Equinox December 21 4:21 a.m. (all times Est)
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